The Ethereum Foundation has executed an over-the-counter transaction, selling 5,000 ETH to BitMine at a price of $2,042.96 per coin, totaling approximately $10.2 million. According to NS3.AI, the proceeds from this sale are intended to support the Foundation’s operating budget, following a treasury framework established in June 2025. This framework aims to allocate around 15% of holdings annually while ensuring a multi-year financial runway. Additionally, the Foundation has initiated staking a portion of its treasury and plans to deploy about 70,000 ETH to validators using open-source infrastructure.
Original and detailed news is here: Read More
